Black Stone Minerals (BSM) EBT Margin (2014 - 2026)
Black Stone Minerals' (BSM) quarterly EBT Margin came in at 10.74% in Q1 2026, down 299.0% year-on-year from 5.4% in Q1 2025, and down 89.26% on a QoQ basis from 99.99% in Q4 2025.
Black Stone Minerals (BSM) EBT Margin (2014 - 2026) Analysis & Trends
Black Stone Minerals (BSM) has 13 years of EBT Margin data on file, last reported at 10.74% in Q1 2026.
- On a quarterly basis, EBT Margin fell 299.0% year-over-year to 10.74% in Q1 2026; TTM through Mar 2026 was 68.22%, a 1414.0% increase from a year earlier, with the FY2025 full-year figure at 70.96%, up 833.0% from the prior year.
- EBT Margin for Q1 2026 stood at 10.74%, down from 99.99% in the prior quarter.
- Over the last five years, EBT Margin for BSM reached as high as 112.52% in Q2 2025 and fell as low as 19.1% in Q1 2022.
- Historically, EBT Margin has averaged 62.22% across 5 years, with a median of 69.25% in 2025.
- Across the five-year window, EBT Margin soared 12910 bps in 2023 and slumped 5519 bps in 2024, its largest moves.
- Year by year, EBT Margin stood at 52.12% in 2022, then surged by 50 bps to 77.96% in 2023, then slipped by 30 bps to 54.68% in 2024, then jumped by 83 bps to 99.99% in 2025, then tumbled by 89 bps to 10.74% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 10.74% in Q1 2026, 99.99% in Q4 2025, and 69.25% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 21.34% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 36.92% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.15% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 62.57% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 7.46% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 20.24% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 77.51% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 0.62% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 33.86% |
| 10 | Black Stone Minerals | 3.16 Bn | 3.14 Bn | - | 10.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.74% |
| Dec 31, 2025 | 99.99% |
| Sep 30, 2025 | 69.25% |
| Jun 30, 2025 | 112.52% |
| Mar 31, 2025 | 13.73% |
| Dec 31, 2024 | 54.68% |
| Sep 30, 2024 | 89.88% |
| Jun 30, 2024 | 62.33% |
| Mar 31, 2024 | 54.82% |
| Dec 31, 2023 | 77.96% |
| Sep 30, 2023 | 45.29% |
| Jun 30, 2023 | 74.26% |
| Mar 31, 2023 | 110.00% |
| Dec 31, 2022 | 52.12% |
| Sep 30, 2022 | 76.21% |
| Jun 30, 2022 | 73.02% |
| Mar 31, 2022 | -19.10% |
| Dec 31, 2021 | 40.77% |
| Sep 30, 2021 | 11.76% |
| Jun 30, 2021 | 13.06% |